Types of Fraud Brenna Agamaite, Audit Manager of Withum’s Hospitality Services, shares the most common types of fraud schemes reported in the study and the common link between companies that report losses due to fraud. Watch as she breaks down the three major fraud categories: asset misappropriation, corruption and financial statement fraud. Characteristics of Victimized…
An economic slowdown can certainly dampen the speed of any ERP project. Uncertainty and potential lack of availability of resources may present new hurdles to overcome. However, it may not be necessary to suspend or terminate an ERP project altogether. Instead, there are several valuable options to refocus efforts on. This covers some of the…
Withum is honored to have two women leaders, Zsia Rosmarin and Rhonda Maraziti, among the 2021 ROI Influencers: Women in Business class. ROI-NJ released its 2021 ROI Influencers: Women in Business list, which recognizes Tax Partner Zsia Rosmarin and Chief Marketing Officer Rhonda Maraziti for their contributions to the New Jersey professional services business environment….
Withum, a top advisory and accounting firm, is joining The Ascend Foundation, a 501(c)(3) non-profit Pan-Asian organization primarily engaged in research with a mission to advocate, enable and assist Pan-Asians in North America to become the leaders of today and tomorrow. The fabric of Withum’s unique corporate culture is rooted in its team members and…
Originally passed in 2005 as part of the Energy Policy Act, this deduction was set to expire at the end of 2020 after numerous extensions. However, it was instead made permanent on December 27, 2020 as part of the Consolidated Appropriations Act, 2021. Utilizing Internal Revenue Code Section 179D, building owners are able to claim…
Executive Summary Withum used the Customer Journey technique to quickly understand a wine seller’s international auction business operations, challenges and risks. Next, the team executed the consequent design to implement operational changes from a people, process, technology and data perspective. A unique auction solution was built to embrace industry best practices and maintain the differentiation…
Share Known as one of the most generous tax incentives offered by the U.S. government, do not miss your chance to benefit from the Research & Development (R&D) tax credit. Since the credit’s permanency was enacted back in 2015, this lucrative program has provided reliable opportunities for tax payers to slash their tax bill. Often…
Share As Office 365 (O365) adoption has grown tremendously over the last few years, we see more and more companies leveraging it in some fashion. Even though many companies utilize Office 365, they still need help figuring out what to do to integrate IT infrastructure during Mergers and Acquisitions (M&A). Given the nature of M&A,…
Share The SEC Division of Examinations (the “Division” and formerly known as the Office of Compliance Inspections and Examinations) has released its 2021 Examination priorities. A recap of 2020, as well as key 2021 areas of focus relating to Registered Investment Advisors (RIAs) are discussed below. 2020 Recap With respect to 2020 – the year…